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Author Topic: Why do lot of people hate bounty dumpers?  (Read 20234 times)
gensol
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April 28, 2019, 08:43:19 PM
 #781

Some projects give huge allocation of tokens to bounty hunters when this tokens gets dumped in the market price crashes no project will like their tokens to have a low price or lose their price as a result of this.
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Crypto24hrs
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April 28, 2019, 08:45:46 PM
 #782

Their is a common saying that when a man fails in life he looks for someone to apportion blame to, either to his wife, children or parents, when some project developers with myopic reasoning fails they attribute blame to innocent bounty hunters in possession of less than 1% of their coin, that's very ridiculous, may be they will need to go and learn from the distribution pattern of foresting token.
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April 28, 2019, 09:53:35 PM
 #783

why they do this is because they think hunters are the ones that dump the token whereas its not so. after a project makes a private sale whee investors bought tokens that is way cheaper than the crowdsale price. most times the dumpers are either the team or the private sale investors because they bought the tokens cheaper with a lot of bonuses. they try to cover this up by saying the hunters are the dumpers.
altscaner
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April 28, 2019, 09:57:31 PM
 #784

Maybe they hate it because when the project token enters the market and when it has a high price with a small volume they are happy to sell it and may partially intentionally reduce the price so someone buys his token and that's where the cause of hatred arises because investors may feel trading token was damaged by a bounty hunter

blokklanc
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April 28, 2019, 11:15:25 PM
 #785

 It is a free market and everybody can decide what they do with their tokens, so do bounty hunters.
Bounty rewards are so small that they cannot affect the price of the token only can have short term
effect on the price.

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KrakenZ
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April 28, 2019, 11:24:07 PM
 #786

Bounty dumper is everywhere. They sell their coins on a large scale because maybe they really need money. They don't think of their impact as a bounty dumper. When the price of a coin in the market begins with a dump then it causes a backward situation that is not good. Trust in the coin will be lower and cause the sale and purchase of the coin is not smooth. If traders see the coin that does not have a potential price increase, the coin will be left on the market and will eventually become trash on the market.
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April 28, 2019, 11:35:45 PM
 #787

Is kind of really bad and sad to buy asset at a higher price only to be slashed when it arrives at exchange and at a rate that is really unbelievable at the time so most blame hunters even though realistically they are not the only one selling

waynechong1995
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April 29, 2019, 12:46:59 AM
 #788

Bounty hunters aren't really that harmful these days, project owners strikes sustainable price for the initial project more than ever, that's mean slow payment, restricted selling, holding funds with other means, in the early days It might be when trends are on and investor could be a lil more generous, but hell no these days, it's difficult find real investor

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April 29, 2019, 05:15:56 PM
 #789

As a bounty hunter, the reason why I worked for months or weeks on a particular project is to get the token, sell and make my money, I don't see any reason why to hold and a good project to me doesn't need to dump cos people are selling

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April 29, 2019, 05:57:02 PM
 #790

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Dacosta Osei-Tutu
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April 29, 2019, 06:28:31 PM
 #791

You can only advise bounty hunters to hold their bounty tokens but you can't force them to do so. Sometimes some projects are worth dumping especially if you realize the team has stopped developing the project.
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April 30, 2019, 06:50:19 AM
 #792

I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.

Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.

From my own experience, I know - many bounty hunters also continue to hodl their coins in the hope of their appreciation in the future. Therefore, it is not necessary to blame all the bounty hunters in the fall in the price of coins. I believe that investors and market manipulations also play a significant role.
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April 30, 2019, 01:43:19 PM
 #793

Its not good to hate bounty dumpers if you are a real trader or holder it does not affect you. If a coin has potential it will rise back anytime. I simply know we can not stop anyone to sell at whatever price its their coins and he/she can sell their coins whenever they need. Even I don't believe only 5% of token holders can dump the market obviously there must be some other factors as well. I agree one should sell its coins whenever he/she gets good price to be safer side.

jpnl0008
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April 30, 2019, 01:48:47 PM
 #794

Projects spend millions of dollars even as startups and therefore get to ensure their value of tokenisation doesn't get to go below their promises to their investors and contributors and then you get to pay bounty hunters and they go to the market and flood the market with the same tokens on a much lesser value from ICO prices. that is not a good one for CEOs and investors and that creates a whole lot of challenges for the team to deal with and no body likes such
arnoldrimmer
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April 30, 2019, 02:14:04 PM
 #795

See I see people that bad mouth bounty hunters when the sells of their token are really jealous cos they didn't sell and the tokens dumped on them, if as a bounty hunter and I don't sell of to make profit what them am I doing in the crypto world

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Akshat21
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April 30, 2019, 02:19:19 PM
 #796

This is because most of the people don't have a finiancial plan of what they have to do with the token. It's clear with them earlier that the project will go for bounty so they must invest by taking in concederation.
bitcoin31
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April 30, 2019, 02:22:28 PM
 #797

Im investors of the ICO before and I experienced a lot of dumping last year 2018 and last few years ago. There is a lot of complain in bounty hunters because they are not concern tk the real investors who invest their money because the result to the ICO the bounty hunters earn money and the ICO investors lose their money because the token decrease their money lose.  What ever happens to the price bounty hunters will not affected on that.
Keadyar
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April 30, 2019, 02:28:39 PM
 #798

Im investors of the ICO before and I experienced a lot of dumping last year 2018 and last few years ago. There is a lot of complain in bounty hunters because they are not concern tk the real investors who invest their money because the result to the ICO the bounty hunters earn money and the ICO investors lose their money because the token decrease their money lose.  What ever happens to the price bounty hunters will not affected on that.
Today is a very difficult market situation. But I hope that soon the situation will change for the better and investors and traders and hunters for bounty and airdropy will again be able to earn on the crypto market.

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April 30, 2019, 02:33:32 PM
 #799

Before you quickly sell your coins, you need to see what the project is and what work is being done. After all, a little holding the coins you can earn a lot more. But for some reason, many do not pay attention to it.
Everglow
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April 30, 2019, 02:36:54 PM
 #800

Yes, because they sell the token at any price, it really affects the project's token price if the project pays a large amount of money to the hunters. But that's normal behavior, and we can't blame them.
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